Qualcomm has created a new wholly-owned subsidiary called Qualcomm Life that’ll run the business unit formerly known as Qualcomm Wireless Health. In addition, Qualcomm has set up a $100 million ‘Qualcomm Life Fund’ for the Qualcomm Ventures group to invest in wireless health projects.
The first products from Qualcomm Life are the 2net Platform and Hub, which are already available in the USA to securely connect wireless medical devices via cloud-based solutions. Qualcomm says more than 40 customers and collaborators are either integrating with or considering the 2net ecosystem.
Rick Valencia, vice president and general manager of Qualcomm Life, said “Qualcomm Life was founded, in part, to assist medical device manufacturers who approached Qualcomm for help when their own wireless connectivity attempts became untenable due to technology selection errors, unscalable deployment models and prohibitively high operational support costs. Our services, including integration on the 2net Platform, remove the burden for medical device manufacturers of a large technical development effort, providing integration with mobile carriers and solving the operational complexities of supporting wireless medical device data in the field.”